SSE PLC share price rises after Q3 update trims FY earnings view; Ofgem price control in focus
SSE Plc shares rose 1.3% after the company cut its full-year earnings forecast to 144-152p per share, citing mixed weather. The utility reported a 7% rise in renewables output and a 64% jump in networks investment to £1.8 billion over nine months. SSE is still considering Ofgem’s RIIO-T3 settlement ahead of a March 3 deadline. Another trading update is due April 2.